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Company Registration No. 11329850 (England and Wales)
CROYDON PROPERTY DEALS LTD Unaudited accounts for the year ended 31 May 2023
CROYDON PROPERTY DEALS LTD Unaudited accounts Contents
Page
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CROYDON PROPERTY DEALS LTD Company Information for the year ended 31 May 2023
Director
Babatunde Makinde
Company Number
11329850 (England and Wales)
Registered Office
78 BECKENHAM ROAD BECKENHAM BR3 4RH ENGLAND
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CROYDON PROPERTY DEALS LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
207 
277 
Investment property
185,000 
- 
185,207 
277 
Current assets
Debtors
- 
403 
Cash at bank and in hand
8,069 
46,640 
8,069 
47,043 
Creditors: amounts falling due within one year
(63,971)
(10,985)
Net current (liabilities)/assets
(55,902)
36,058 
Total assets less current liabilities
129,305 
36,335 
Creditors: amounts falling due after more than one year
(141,525)
(35,650)
Provisions for liabilities
Other provisions
- 
(53)
Net (liabilities)/assets
(12,220)
632 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(12,320)
532 
Shareholders' funds
(12,220)
632 
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2024 and were signed on its behalf by
Babatunde Makinde Director Company Registration No. 11329850
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CROYDON PROPERTY DEALS LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
CROYDON PROPERTY DEALS LTD is a private company, limited by shares, registered in England and Wales, registration number 11329850. The registered office is 78 BECKENHAM ROAD, BECKENHAM, BR3 4RH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
550 
At 31 May 2023
550 
Depreciation
At 1 June 2022
273 
Charge for the year
70 
At 31 May 2023
343 
Net book value
At 31 May 2023
207 
At 31 May 2022
277 
5
Investment property
2023 
£ 
Additions
185,000 
At 31 May 2023
185,000 
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CROYDON PROPERTY DEALS LTD Notes to the Accounts for the year ended 31 May 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
403 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
9,626 
Other creditors
- 
1,359 
Loans from directors
63,721 
- 
Accruals
250 
- 
63,971 
10,985 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
141,525 
35,650 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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